Exam Reviewer Essay Example | Topics and Well Written Essays - 2000 words

Exam Reviewer - Essay Example The mission and vision is important to the stakeholders, especially customers and suppliers (Etzon & Struben, 2011). Analysis of stakeholders’ Importance Government. The Israeli government’s importance includes creating laws ensuring a level electric car selling field. The laws include environmental laws and labor laws within the production and sale of electric cars. Without government intervention, chaos arises to unfavorably affecting the free market. The Israeli government implements ISO standards. Investors. The investors’ importance is placing funds into Better Place’s coffers. The funds are used to hire employees, buy production and sales equipments, and pay other operating expenses (selling and marketing expenses). The funds fill the needs of the current and future global electric car customers. Further, the investments will include setting up battery charging stations in strategic locations. The locations include malls, sidewalks, train stations an d offices. Customers. The importance of the current and future customers of Better Place is purchasing the Better Place electric car products. The initial 20,000 Israeli customer’s payments are used to compensate for the marketing, production, and administration expenses of Better Place. The electric car users may purchase a home charging equipment for less than $301(Etzon & Struben, 2011). ... Further, the above stakeholders’ will judge Better Place’s performance. The performance includes the timely delivery of quality electric car products, accessories and services. The customers will discouragingly complain for lackluster performing electric car products. The lack of electric car battery charging stations will discourage Better Place customers. The stakeholders may be hindrances to Better Place’s performance. The Israeli government may institute laws that hinder Better Place’s attaining higher revenue targets. Specifically, governments instrumentally required manufacturers to reduce hydrocarbons, nitrogen and carbon monoxide exhausts. These exhausts contributed to air pollution. Some electric utilities use fossil fuel to generate the electric car batteries’ electricity charges. Line of business. The firm, Better Place, is established to fill the electric car and other related needs of the current and future customers. The related needs include adequate electricity supply (Etzon & Struben, 2011). Adequate supply entails abundance of electric car battery supplies. Adequate supply includes the current and future customers’ easily access to the company’s electric car models. Further, the firm exists to generate profits (Soosay et al., 2012). Specifically, Better Place offers several electric car plans. The customers purchase Electric Recharge Grid Operators (ERGOs). The car drivers buy the batteries from the battery suppliers. Better Place sets up electric car battery charging stations. The drivers pay for the required vehicle repairs and maintenance expenses, specifically the electric car’s power train maintenance expenses. Lastly, Better Place helps its customers avail of tailored